Coming Events (September 01, 2000)
September 1, 2000 by Canadian UnderwriterAnnouncements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. National Association of Surplus…
Equisure’s earnings slip on acquisition costs
September 1, 2000 by Canadian UnderwriterAlthough listed broker network consolidator Equisure Financial Network (TSE:EFN) produced a significant rise in revenue for the first six months of the current financial year compared with the same period the year prior, the network’s net earnings for the period…
On The Move (September 01, 2000)
September 1, 2000 by Canadian UnderwriterScor Canada welcomes Henry Klecan Jr. to succeed Dominique Lavallee as president and CEO. Klecan was previously senior vice president of The Citadel Insurance Company. After 12 years in Scor’s North American offices, Lavallee heads to Paris, to lead the…
Online insurance launches in Canada
September 1, 2000 by Canadian UnderwriterOntario-based brokerage Cowan Insurance Group has teamed with Internet software developer Open Text Corporation and AOL Canada to introduce the first online, real-time multi-company quotation and buying system in Canada. The “cowaninsure.com” service, which was launched toward the end of…
Exploring management myths
August 1, 2000 AxiomSitting at the head table in the hotel’s convention room, I felt a quick stab of uncertainty. I had agreed to be a guest speaker at this broker management seminar staged by our provincial brokers’ association. As my company’s senior…
Custodian of the Defense Line
August 1, 2000 Sean van Zyl, EditorWith the recent finalization of the federal government’s proposed financial services reform legislation packaged under Bill-38 — set to be tabled before parliament in the fall — independent property and casualty insurance brokers have heaved a collective sigh of relief…
On The Move (August 01, 2000)
August 1, 2000 by Canadian UnderwriterThe Board of Directors of CG&B Group Inc. of Ontario announces that Jeff Brandham has been appointed president and chief executive officer. Brandham joined the insurance brokerage and financial services provider as a partner in 1979. AXA Canada has appointed…
Manitoba brokers focus lobby drive
July 1, 2000 by Canadian UnderwriterBrokers across the country need to keep the pressure on federal and provincial legislators. This is the message Manitoba’s brokers heard at their annual conference in Brandon from the Brokers Association of Manitoba (IBAM) new president Gerry Corrigal. The recent…
Brokers urged “on-line”
July 1, 2000 by Canadian UnderwriterThere is no reason to believe the Internet will “disintermediate” the insurance industry says Applied Systems president Jeff Purdy. At a recent series of symposiums across Canada, Purdy urged brokers to see the Internet as an opportunity for third party…
Turning a slow corner: Canadian Insurance Congress 2000
July 1, 2000 Sean van Zyl, EditorThe 2000 Canadian Insurance Congress — which this year celebrated its tenth anniversary as Canada’s premier annual reinsurance/primary company CEO forum — drew together a strong cast of speakers from across the sectors of the North American property and casualty…
Broker networks produce mixed bag of results
July 1, 2000 by Canadian UnderwriterTwo of the public broker consolidator networks, Vector Intermediaries Inc. (V:VTE), and Hi-Alta Capital Inc. (TSE:HIA), have produced a mixed bag of financial results for the first quarter of this year. Vector’s revenue for the first quarter remained static at…
“Integration” or… “Assimilation”
June 1, 2000 Sean van Zyl, EditorWith the recent approval of the U.S. Financial Services Modernization Act, a considerable amount of attention in Canada has been turned to watch developments south of the border. Financial services legislative reform in the U.S. has opened the door to…